NewWave USD Financials
| NEWUSD Etf | 1,884 18.00 0.95% |
NewWave |
The data published in NewWave USD's official financial statements typically reflect NewWave USD's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving NewWave USD's quantitative information. For example, before you start analyzing numbers published by NewWave accountants, it's essential to understand NewWave USD's liquidity, profitability, and earnings quality within the context of the NewWave space in which it operates.
Please note, the presentation of NewWave USD's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NewWave USD's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NewWave USD's management manipulating its earnings.
NewWave USD January 6, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NewWave USD help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NewWave USD Currency. We use our internally-developed statistical techniques to arrive at the intrinsic value of NewWave USD Currency based on widely used predictive technical indicators. In general, we focus on analyzing NewWave Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NewWave USD's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6854 | |||
| Information Ratio | 0.1622 | |||
| Maximum Drawdown | 3.94 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 1.58 |